Dubai is no stranger to large displays of wealth and celebrity interest. But now Dubai unveils ISLA MODA, a whole island dedicated to fashion. This is part of a huge development called “The World” namely we can expect this one to be a little different to the one we live in.
It has not yet been announced where in The World the fashion island is located — somewhere near Milan or Paris, we presume. We do know, however, that Isla Moda will be decked out with haute couture boutiques, fashion resorts, a medical facility, and of course luxury residential villas designed by Lagerfeld and decked out with Chanel furnishings.
Isla Moda will be decked out with haute couture boutiques, fashion resorts and luxury residential villas. The villas themselves will be designed by Karl Lagerfeld. The idea is to manufacture an international fashion hot spot that host product launches, fashion shows and other extravagant events.
Lagerfeld exclaims : “Isla Moda has tremendous potential to be the style icon of the future and I intend on driving the island to high style stardom.”
“Abdulrazzak said the reported $80 million (Dh293m) figure for the project cost is “nowhere near the price of the island or the development”. She added that the island price tag falls closer to the $30m to $50m range. She, however, did not disclose the development costs. The exact location of Isla Moda is still under wraps but Abdulrazzak said it is towards the Atlantic Ocean and navigable from all sides.”